Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)
Weak Downtrend (-65) - TWDHKD is showing signs of a strengthening downtrend. Monitor TWDHKD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TWDHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TWDHKD
The long-term trend has been DOWN since Mar 19th, 2024 at 0.24623449
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.24661855
The short-term trend has been DOWN since May 7th, 2024 at 0.24132379
Smart Scan Analysis for TWDHKD
Based on our trend formula, TWDHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.24107057 | 0.24131143 | 0.24082391 | 0.24117943 | +0.00010900 |
Prev. Close | Volume | Bid | Ask | Time |
0.24107057 | 2024-05-09 14:41:16 |